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Vedanta Resources, which owns 50% in the Indian base metals producer, has around $2.9 billion in debt maturities due between April 2020 and March 2022, according to Moody’s(REUTERS)

Vedanta pays $476 million dividend before potential downgrade

By Bloomberg| Posted by Ayshee Bhaduri | Mumbai
PUBLISHED ON OCT 25, 2020 02:45 PM IST
The payout will also come as a relief for Vedanta’s minority shareholders,after the company didn’t pass on a previous dividend in May by Hindustan Zinc to them
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